G42 Considers Majority Stake Sale to US Companies for Chip Access
G42 has abandoned Huawei and allowed Washington to monitor its data centers, paving the way for majority U.S. ownership, according to reports.
The UAE-based company is in exploratory talks with American entities to secure future access to advanced chips after April 2027, Bloomberg cited anonymous sources as saying. The executives are considering options like a U.S.-based majority shareholder or a new entity established in America.
This comes amid escalating concessions G42 has made to maintain its supply of American chips:
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2024: Microsoft invested $1.5 billion in G42, gaining a board seat after the company removed Huawei equipment and moved workloads to Azure. This deal included a binding agreement with the U.S. and UAE governments.
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February 2026: G42 implemented monitoring of its infrastructure according to Washington’s specifications, granting American policymakers access to confirm that G42 clusters in the UAE were not being used in violation of U.S. export rules.
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July 2026: The U.S. moved the UAE from a tier containing China and Yemen to one shared with India, South Korea, and European states, implying closer scrutiny.
This shift indicates that export controls are increasingly focused on corporate ownership rather than just chip origin.